SIS Limited has informed the National Stock Exchange of India Limited and BSE Limited about the publication of newspaper advertisements concerning the dispatch of its Postal Ballot Notice. The filing serves to update shareholders and regulators on the procedural steps taken to ensure wide dissemination of the ballot information.

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The company confirmed that the advertisements were published in two newspapers on August 15, 2026. This action follows a previous communication dated August 14, 2026, regarding the Postal Ballot Notice.

The specific publications are:

• Aaj: Patna Edition in Hindi, dated August 15, 2026
• Hindustan Times: Patna Edition in English, dated August 15, 2026

Pushpalatha Katkuri, Company Secretary and Compliance Officer of SIS Limited, signed the intimation letter. The correspondence was addressed to the exchanges from the company's registered office in Patna and its corporate office in Bangalore.

SIS Limited has initiated an open market buyback of its equity shares with a maximum outlay of ₹106 crore, setting a ceiling price of ₹478.50 per share. The program, approved by the Board on August 5, 2026, allows the acquisition of up to 22,15,256 shares (approx. 1.51% of paid-up capital) from the National Stock Exchange of India Limited and BSE Limited. This shareholder return initiative follows a robust Q1 FY27 performance where consolidated revenue surged 29.7% YoY to ₹4,603.58 crore, signaling management’s confidence in surplus cash generation despite rising net debt.

The public announcement was filed on August 6, 2026, pursuant to Regulation 16(iv) of the SEBI (Buy-Back of Securities) Regulations, 2018. To secure performance obligations, SIS Limited deposited ₹26.50 crore (25% of the maximum buyback size) into an escrow account with Yes Bank Limited. Elara Capital (India) Private Limited serves as the manager to the buyback, while Elara Securities (India) Private Limited acts as the registered broker. Promoters and persons in control are barred from participation, and their holdings are frozen at the ISIN level until the offer closes.

Buyback Structure and Terms

The company is mandated to utilize at least 75% of the earmarked amount, translating to a minimum buyback size of ₹79.50 crore. At the maximum price, this ensures the purchase of at least 16,61,442 equity shares. The buyback period will not exceed sixty-six working days from the date of opening. Funds will be sourced from free reserves, current surplus, or internal accruals, ensuring no impact on operational liquidity or growth capital requirements.

Financial Context and Shareholder Impact

The buyback represents a premium of approximately 12.55% over the volume-weighted average market price on BSE during the three months preceding July 31, 2026. With promoters holding 71.86% of the equity, the exclusion of promoter participation means the entire benefit accrues to public shareholders, potentially enhancing their proportional stake post-completion. The company confirmed that the transaction will not impair its ability to meet liabilities or pursue strategic growth opportunities.

What the Numbers Show

The divergence between top-line growth (29.7%) and moderate profit after tax growth (9.4%) in Q1 FY27 highlights margin pressure from working capital dynamics, evidenced by net debt rising to ₹807.1 crore. However, the expansion in EBITDA margins to 4.5% suggests underlying operational leverage remains intact. The buyback serves as a counterbalance to short-term cash flow constraints, optimizing return on equity by reducing the equity base while maintaining sufficient liquidity for ongoing operations.